Playlist: Home Depot

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US housing boom to continue: Garnry
Peter Garnry
25 August 2016 at 9:17 GMT
Berger: Home Depot building up for a break
Serge Berger
23 March 2015 at 7:36 GMT
Who's next after Home Depot's billion dollar buy-back?
Serge Berger
24 February 2015 at 15:04 GMT
Home Depot building on US recovery
Peter Garnry
18 November 2014 at 11:22 GMT
What's moving after the US housing surprise
Peter Garnry
19 August 2014 at 14:45 GMT
Video / 25 August 2016 at 9:17 GMT

US housing boom to continue: Garnry

Peter Garnry
Recent data on new US home sales showed a big surprise to the upside, according to Saxo Bank head of equity strategy Peter Garnry. 

New US home sales have reached their highest level in 9 years but this is still below the natural rate. 

Garnry believes that the robust employment trend could spell a continuation of the US housing boom. And this trend could prove positive for companies like Home Depot and Toll Brothers. 

Garnry is positive on Toll Brothers and his trade idea is to go long with a target of $40 and a stop at $30.  


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